Prime SH-121 Owner/User Opportunity | Retail/Medical/Office
Office Retail 121 HIgh Traffic Counts
Marketing description
Position your business in one of North Texas' most visible and rapidly growing commercial corridors at 4819 E. State Highway 121, Suite 13, The Colony, Texas. Offered at $735,000, this professionally finished office/retail condominium presents an exceptional opportunity for an owner-user seeking a strategic location or an investor pursuing stable cash flow in a high-demand market.
The approximately 2,179-square-foot suite is thoughtfully configured with five private offices, an open collaborative workspace, reception area, break room, and two restrooms, creating an efficient layout suitable for a wide range of professional office, medical, consulting, service, and retail-related uses. The turnkey floorplan allows a new owner to occupy immediately while maintaining flexibility for future reconfiguration.
Located within the highly visible 121 Office Plaza, the property benefits from direct frontage along State Highway 121 (Sam Rayburn Tollway), one of the most heavily traveled transportation corridors in the Dallas-Fort Worth Metroplex. The area is surrounded by national retailers, restaurants, service providers, healthcare users, and major employers, providing outstanding exposure and convenience for employees and clients alike. Nearby amenities include Nebraska Furniture Mart, Walmart, Kroger Marketplace, retail centers, dining destinations, and the region's premier entertainment district anchored by Grandscape. The corridor continues to experience strong population growth, household income expansion, and commercial investment.
Exceptional Visibility
- Along SH-121/Sam Rayburn Tollway
- Easy east-west access
- Minutes from Grandscape, Legacy West and Plano
- One of North Texas’ fastest-growing trade areas
Flexible Layout
- Reception area
- Five private offices
- Open workspace
- Break room
- Two restrooms
Owner/User Advantages
- Stop paying rent
- Build equity
- Low maintenance condo ownership
- Professional office environment
- Easy access for clients and employees
Investment highlights
Investment Potential
At $25-$28/SF NNN, estimated lease rates suggest:
- Potential NOI around $52,000-$60,000 annually.
- Attractive owner-user or investor opportunity.
- Tract A PD 11 allows uses as permitted in the General Retail (GR) district
- Permitted uses in the GR district can be reviewed here in Section 10.
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